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Re: Is 401k that good nowadays ?

Thank you all, great info. At the moment I am reading and trying to understand the stock index and the index funds. I think I go the basics of stocks, bonds and mutual funds ... The very basics that is. I might develop a hobby with this. :D Since I am a very late starter, I might choose to do a high...
by r2006
Tue Jul 02, 2013 7:50 pm
 
Forum: Investing - Help with Personal Investments
Topic: Is 401k that good nowadays ?
Replies: 29
Views: 2774

Re: Is 401k that good nowadays ?

Thank you Brian. :-)
by r2006
Tue Jul 02, 2013 10:33 am
 
Forum: Investing - Help with Personal Investments
Topic: Is 401k that good nowadays ?
Replies: 29
Views: 2774

Re: Is 401k that good nowadays ?

Thank you everybody for your replies, this has helped me a lot.

I appreciate the help.
by r2006
Mon Jul 01, 2013 9:34 pm
 
Forum: Investing - Help with Personal Investments
Topic: Is 401k that good nowadays ?
Replies: 29
Views: 2774

Re: Is 401k that good nowadays ?

Will do thank you.
by r2006
Mon Jul 01, 2013 8:52 pm
 
Forum: Investing - Help with Personal Investments
Topic: Is 401k that good nowadays ?
Replies: 29
Views: 2774

Re: Is 401k that good nowadays ?

This is a quick excel file that contains the basic investments funds that my company in offering in its 401k plan. The "Current elections" is what they automatically chose for me, and the "thinking to request change" is what I am thinking to change to. Please advise. I don't know...
by r2006
Mon Jul 01, 2013 7:57 pm
 
Forum: Investing - Help with Personal Investments
Topic: Is 401k that good nowadays ?
Replies: 29
Views: 2774

Re: Is 401k that good nowadays ?

Thank you so much for your replies. I understand now that I have some misconceptions about 401k plan. The best point made in all the replies I have read is that my after-tax savings and the returns on the investments that come out of those savings are taxable. I did not think of that. I know that I ...
by r2006
Sun Jun 30, 2013 9:09 pm
 
Forum: Investing - Help with Personal Investments
Topic: Is 401k that good nowadays ?
Replies: 29
Views: 2774

Is 401k that good nowadays ?

Hello, new member here, I am 52 years old and just started to read about investments and 401k plans. I have no savings and no assets, and I am trying to figure out a plan for my remaining 15 years until retirement (assuming I could work until I am 67). My company matches 75% for the first 8% on a 40...
by r2006
Sun Jun 30, 2013 12:26 pm
 
Forum: Investing - Help with Personal Investments
Topic: Is 401k that good nowadays ?
Replies: 29
Views: 2774

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